At an IAS Part of the Supreme Court of the State of New York, held in and for the County of Kings at the Supreme Court Building located thereof on the day of, 2015. P R E S E N T: J.S.C. ----------------------------------------------------------------------X Index No.: 503301-2015 DLJ MORTGAGE CAPITAL, INC., -against- Plaintiff, ARASB SHOUGHI; ABA HOLDING LLC; DANIEL CANDELARI; 1340 BUSHWICK AVE LLC; NEW YORK CITY TRANSIT ADJUDICATION BUREAU; NEW YORK CITY ENVIRONMENTAL CONTROL BOARD; NEW YORK CITY PARKING VIOLATIONS BUREAU; CRIMINAL COURT OF THE CITY OF NEW YORK; JOHN DOES and JANE DOES, said names being fictitious, parties intended being possible tenants or occupants of premises, and corporations, other entities or persons who claim, or may claim, a lien against the premises, ORDER APPOINTING TEMPORARY RECEIVER IN MORTGAGE FORECLOSURE ACTION (NON- OWNER OCCUPIED) Defendants. -------------------------------------------------------------------------X UPON the summons and complaint herein, filed in the Office of the Clerk of the County of Kings on March 23, 2015 and upon reading and filing the annexed affirmation of Janet Nina Esagoff, Esq. counsel for plaintiff, DLJ MORTGAGE CAPITAL, INC., ( Plaintiff ) dated November 2, 2015 and the affidavit of Dawn Berry Of Selene Finance LP, servicer and attorney-in-fact for Plaintiff sworn to on June 8, 2015 and it appearing to the satisfaction of the Court that this action is brought
to foreclose a mortgage lien upon certain premises situate in Kings County; that in and by said mortgage it was covenanted that if default should be made in the payment of the principal sum or of the interest which should a accrue thereon, or of any part of either, at the respective times therein specified for the payment thereof, the rents and profits of the said mortgaged premises were thereby assigned to the mortgagee; and it was further covenanted that the mortgagee should be at liberty immediately after any such default, upon commencement of proceedings for the foreclosure of said mortgage to apply for the appointment of a Receiver of the rents and profits of said mortgaged premises without notice, and that the mortgagee should be entitled to the appointment of such Receiver as a matter of right, without consideration of the value of the mortgaged premises or the solvency of any person or persons liable for the payment of such amounts; that said mortgage lien is a first mortgage and is in default for the non-payment of the principal sum of $396,845.81, plus interest thereon and other charges, including but not limited to tax advances and insurance advances that the mortgaged premises are occupied by tenants and has a substantial rental value, and that the appointment of a Receiver of the rents and profits of said premises necessary for the protection of the plaintiff; NOW, on motion of THE MARGOLIN & WEINREB LAW GROUP, LLP, attorneys for the Plaintiff, it is ORDERED, that the caption be amended by substituting the names of PAUL JASTROW, sued herein as John Doe #1, MARCUS BRATHWAITE, sued herein as John Doe #2, ERIC LUGO, sued herein as John Doe #3, and striking therefrom the names of the remaining JOHN DOES and JANE DOES, such names being fictitious and all papers and proceedings heretofore filed herein shall be deemed amended accordingly; and it is further
ORDERED, that the caption as amended shall read as follows: SUPREME COURT OF THE STATE OF NEW YORK COUNTY OF KINGS ---------------------------------------------------------------------------X Index No.: 503301-15 DLJ MORTGAGE CAPITAL, INC., Plaintiff, -against- ARASB SHOUGHI; ABA HOLDING LLC; DANIEL CANDELARI; 1340 BUSHWICK AVE LLC; NEW YORK CITY TRANSIT ADJUDICATION BUREAU; NEW YORK CITY ENVIRONMENTAL CONTROL BOARD; NEW YORK CITY PARKING VIOLATIONS BUREAU; CRIMINAL COURT OF THE CITY OF NEW YORK; ERIC LUGO; MARCUS BRATHWAITE; PAUL JASTROW, Defendants. ---------------------------------------------------------------------------X ORDERED, that of be and he/she hereby is appointed as Receiver, with the usual powers and directions, for the benefit of the Plaintiff of all the rents and profits now due and unpaid or to become due during the pendency of this action and issuing out of the mortgaged premises mentioned in the complaint, more particularly described in Schedule A hereto annexed and more commonly known as 1340 Bushwick Avenue, Brooklyn, NY 11207 and it is further ORDERED, that before entering upon his/her duties the Receiver shall execute to the People of the State of New York and file with the Clerk of this Court an undertaking in the penal sum of $, conditioned for the faithful discharge of his duties as such Receiver; and it is further
ORDERED, that said Receiver be and hereby is directed to demand, collect and receive from the occupants, tenants, and licensees in possession of said premises, or other persons liable therefore, inclusive of the mortgagor, all the rents and license fees thereof now due and unpaid or hereafter to become fixed or due; and that the Receiver be and herby is authorized to institute and carry on all legal proceedings necessary for the protection of said premises or to recover possession of the whole, or any part thereof, and/or apply to the Court to fix reasonable rental value and license fee value and to compel the tenants and occupant(s) to attorn to the Receiver; and it is further directed that the Receiver may institute and prosecute suits for the collection of rents, license fees and other charges now due or hereafter to become due or fixed, and summary proceedings for the removal of any tenant or tenants or licensees or other persons therefrom, and to employ counsel; and it is further ORDERED, that the Receiver be and hereby is authorized to employ an agent to rent and manage said premises and to pay the reasonable value of such agent s services out of the rents received, said agent to be approved by name by further order of this Court which may be obtained ex parte but with a copy sent to plaintiff s counsel herein; and it is further ORDERED, that pursuant to the provisions of the General Obligations Law Section 7-105, anybody holding any deposits or advances of rent as security under any lease or license agreement affecting space in the premises affected by this action shall turn same over to the Receiver within five (5) days after the Receiver shall have qualified; and thereupon the said Temporary shall hold such security subject to such disposition thereof as shall be provided in an order of this Court to be made and entered in this action; and it is further ORDERED, that anybody in possession of same shall turn over to the Receiver all rent lists, orders, unexpired and expired leases, agreements, correspondence, notices and registration statements, relating to rental space or facilities in the premises; and it is further
ORDERED, that said Receiver be and hereby is authorized to make any reasonable and necessary ordinary repairs to the premises not to exceed for each repair the sum of $2,000.00; and it is further ORDERED, that if any sum or sums in excess of $2,000.00 need to be expended for repairs to cure health and safety violations, the Receiver shall be authorized to expend such sums without further court order, conditioned upon receiving written consent thereto from Plaintiff its counsel, THE MARGOLIN & WEINREB LAW GROUP LLP; and it is further ORDERED, that the Receiver shall not incur any obligations nor expend any sums in excess of the rents and profits derived from the premises without further order of this Court or written consent of counsel to the party which obtained this order; and it is further ORDERED, that the Receiver forthwith deposit all monies received by him/her at the time he/she receives the same in his own name as Receiver in and no withdrawals shall be made therefrom except as directed by the Court or on a draft or check signed by the Receiver and countersigned by the surety on his/her undertaking; and it is further ORDERED, that the Receiver be and is hereby authorized from time to time to rent or lease space and facilities for terms not exceeding one (1) year or such longer terms as may be required by the laws of the municipality in which the premises are situate and of the State of New York; to keep said premises insured against loss by damage or fire; to pay the taxes, assessments, water rates, sewer rents, vault rents, salaries of employees, supplies and other charges which shall become due; to comply with all lawful requirements of any municipal department or other authority of the municipality in which the mortgaged premises are situated; and to procure such fire, plate glass, liability and other insurance as may be reasonably necessary; and it is further
ORDERED, that if it is necessary in the fulfillment of the Receiver s duties, Plaintiff may, but shall not be required to, advance funds to the Receiver for the payment of repairs, maintenance, insurance, taxes, the curing of violations or any other expenses which may be necessary for the preservation and protection of the mortgaged premises by the Receiver and to the extent that the rents, issues and profits collected by the Receiver and remaining in the Receiver s account are insufficient to reimburse plaintiff for such advances, all such advances made by plaintiff shall be secured by its mortgage and shall be added to and included in the debt thereupon due and in the judgment of foreclosure and sale; and it is further ORDERED, that the tenants, licensees or other persons in possession of said premises, inclusive of the mortgagor(s), attorn to the Receiver and pay over to the Receiver all rents and license fees and other charges of such premises now due and unpaid, or that may hereafter become due; and that the defendant (s) be enjoined and restrained from collecting the rents and license fees and other charges of said premises and from interfering in any manner with the property or its possession; and from transferring, removing or in any way disturbing any of the occupants or employees; and that all tenants, occupants, employees and licensees of the premises and other persons liable for the rents be and hereby are enjoined and restrained from paying any rent or license fees or other charges for such premises to the defendants, their agents, servants or attorneys; and it is further ORDERED, that all persons now or hereafter in possession of said premises, or any part thereof, and not holding such possession under valid and existing leases or tenancies do forthwith surrender such possession to said Receiver, subject to emergency laws, if any,; and it is further
ORDERED, that said Receiver after paying the expenses of the management and care of the said premises as above provided retain the balance of the monies which may come into his/her hands until the sale of the said premises under the judgment to be entered in this action and/or until the further order of the Court; and it is further ORDERED, that the Receiver shall file a monthly accounting with Plaintiff s counsel beginning with the date of this Order and monthly thereafter during the term of receivership; and it is further ORDERED, that, except as hereinbefore set forth, the Receiver, or any party hereto, may at any time, on proper notice to all parties who may have appeared in this action, apply to this Court for further or other instructions or powers necessary to enable said Receiver properly to fulfill his/her duties; and it is further ORDERED, that the appointee named herein shall comply with Section 35a of the Judiciary Law and Sections 6401-6404 of the CPLR. Dated: E N T E R : J.S.C.